1982vett
Well-known member
Belly flop for sure…..
Stock Investments
- Thread starter Brute 23
- Start date
Help Support CattleToday:
Otha
Well-known member
What's it gonna do tomorrow?Belly flop for sure…..
Son of Butch
Well-known member
my monkey with a dart board sez maintain tomorrow, dead cat bounce either monday or tuesday then continue to slowly chop lower.
i bought back in a little today - so i'm probably catching a falling knife.
I think most of the expected rate increases and inflation news is already baked in and expect turbulent waters chopping up and down in the 2nd quarter.
Might be a good time for day traders, but sux for a guy trying to build on what they have. Sitting on cash is automatic 9% loss to inflation, but buying into downward trending market only seems to exasperate the situation. Think I'll head to the blackjack tables in a couple weeks for a less risky investment venture.
Last edited:
1982vett
Well-known member
Ain't pretty so far.....
Bob-s
Well-known member
This might be the year to "Sell in May and go away". "Experts" say the market averages 2% gain from May to October and 7% gain from November to April.
I've never done it but am thinking about it because the downside seems a lot greater than the upside this summer. Maybe sell 1/2 and park in in IBonds or cash.
Just a thought.
I've never done it but am thinking about it because the downside seems a lot greater than the upside this summer. Maybe sell 1/2 and park in in IBonds or cash.
Just a thought.
faster horses
Well-known member
Our stockbroker always tells me in these instances, "this is the time to buy."
He's been right more than he's been wrong.
He's been right more than he's been wrong.
Is he assuming that we're done with bad economic news or that the worst is already priced in? I don't think we're at bottom yet.
faster horses
Well-known member
He said that in the past. I haven't talked to him about what is going on now. But I think you are correct. Sadly.
Usually what goes up must come down and when the market comes back up, it surpasses where it was before. But we haven't been in the situation we are in right now. Hard to know what to do. Sell? Wait it out? 2007 was bad, could this be that bad, or worse? Only time will tell. But I like reading you all's thoughts.
simme
Old Dumb Guy
No one has perfect timing. If you think you will sell at the peak and buy at the bottom, it is likely that you will miss those. Bigger problem is people who miss selling near the peak and then ride the market most of the way down, saying they are going to ride it out. Then after months or years, they get emotional and decide all hope of a rising market is lost and sell out just prior to a bull market. Then sit on cash for a long time waiting on a correction to get back in. Then see the market rise and rise and decide they better get back in now since the market just keeps going up. Cash is costing them money. I think a lot of people end up buying high and selling low. Might be better for a young person to stay mostly fully invested and do the market timing on just a little portion. An older person should probably stick with an asset allocation that fits their age and goals. As stocks fluctuate, an annual re-balancing of your allocation will force you to sell higher and buy lower as the allocation percentages change in the portfolio.
Stocker Steve
Well-known member
Ya, but we have been in a long long bull market for both stocks and bonds. Even the dart board monkeys are way up as long as they did not panic and sell the dips.
Stocker Steve
Well-known member
Sell stock now and buy back cows now so you have options.
Stocker Steve
Well-known member
Traders are not doing so well unless they keep their stops tight.Might be a good time for day traders, but sux for a guy trying to build on what they have. Sitting on cash is automatic 9% loss to inflation, but buying into downward trending market only seems to exasperate the situation. Think I'll head to the blackjack tables in a couple weeks for a less risky investment venture.
I thought you would be buying up that cheap land around Hutch?
Son of Butch
Well-known member
Traders had several swings of 1-1.5% within 3 hours of each other today in the indexes, good for some, not so good for others, need movement to make money quick. Flat, safe and boring markets accomplish nothing for day traders.
Son of Butch
Well-known member
Chump change..... if me and Elon pull out of the markets they might collapse
Ky cowboy
Well-known member
I bought mine on Robinhood
Is anyone here actually making their living or a good part of their income from the stock market? I don't really know anyone that lives off a 401k retirement plan or gets money from trading stocks, everyone I know just invests for retirement. I'm wondering how this downturn affects someone trying to live off of money invested in the market?
Little Joe
Well-known member
Most people I know that live off of their investments moved them to a safer investment after they retired such as annuities, bonds and such.
Little Joe
Well-known member
I'm going to just ride it out, not selling any investments and continue to invest monthly just like always. Numerous studies have shown that time in the market always out performs timing the market and continuing to invest in quality funds.
I look at it kinda like owning cattle, if you buy 100 head when the market is up but the market drops, you still own 100 head, you only lose if you have to sell in the down market. Same with stocks, you still own the same number of shares, they are just worth less which doesn't matter unless you need to sell right then. And the down market also presents an opportunity to buy some shares for cheap. And through dollar cost averaging, the cheaper shares purchased will help offset some of the loss from the fall.
I look at it kinda like owning cattle, if you buy 100 head when the market is up but the market drops, you still own 100 head, you only lose if you have to sell in the down market. Same with stocks, you still own the same number of shares, they are just worth less which doesn't matter unless you need to sell right then. And the down market also presents an opportunity to buy some shares for cheap. And through dollar cost averaging, the cheaper shares purchased will help offset some of the loss from the fall.
hurleyjd
Well-known member
The stock market is like the weather you cannot predict what it will do.
